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Answer to Question #73887 in Economics of Enterprise for Tebogo
Question #73887
Spending by local government can be regarded as ?
Expert's answer
Government spending or expenditure includes all government consumption, investment, and transfer payments.
Government spending can be financed by government borrowing, seigniorage, or taxes.
Source:
https://en.wikipedia.org/wiki/Government_spending
Government spending can be financed by government borrowing, seigniorage, or taxes.
Source:
https://en.wikipedia.org/wiki/Government_spending
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